Frank Bisignano

Money Moves

Leads the agency implementing the 2027 COLA

Social Security benefits rise 3.6% in January for roughly 72 million to 73 million beneficiaries. The average retiree gets about $75 more per month, or roughly $900 a year.

Updated Nov 1

Rule Changes

Leading the records cleanup initiative

The Social Security Administration said Tuesday it has corrected records for nearly 15% of active Social Security numbers, adding 17 million missing death dates and citizenship information to 25 million files. The agency called it the largest cleanup in its 91-year history.

Updated Oct 21

Rule Changes

As of May 2026: Leading agency restructuring

For decades, roughly 1,250 Social Security field offices operated as independent mini-agencies, each staffed with employees who knew their local communities and state-specific rules. On March 7, 2026, the Social Security Administration replaced that model with two centralized systems that route beneficiaries to any available representative anywhere in the country. When a retiree in Maine calls about a claim, they may now speak with an employee in Arizona who has never handled that state's rules.

Updated May 30